RE: Clear Leisure 2017 LTD16 Oct 2018 18:52
Breakdown.
1 - Net assets of Mediapolis at the date of liquidation - 1,798,000
2 - Disposal proceeds less net assets - (1,798,000)
3 - Secured Debt assigned to Clear Leisure - 2,678,000
4 - Amounts paid for assignment of debt (1,250,000)
5 - Write down of unsecured debt - (402,000)
6 - Loss on Disposal of continued operations - (772,000)
7 - Revenue - 63,000
8 - Expenses - (1,112,000)
9 - Loss before Tax - (1,049,000)
10 - Net loss attributable to discontinued operations (1,821,000) = No: 6 (772,000) + No:9 (1,049,000)
Clarify where I am not reading the balance sheet correctly please